Florida Governor Ron DeSantis Approves Three Tax Holidays
Dear Friends & Neighbors,
(Please click on red links & note magenta)For updated global info & data on COVID-19, please click HERE. For updated global data & graphs on COVID-19, please click HERE. For COVID-19 cases and death counts in USA by state, please click HERE. For COVID-19 cases in Florida via Florida COVID Action, please click HERE. For COVID-19 cases in Florida, via Florida state government, please click HERE.
On Friday, May 21, 2021, in Pensacola, FL, Florida Governor Ron DeSantis signed into law “tax holidays”, or temporary suspension of sales taxes, for products such as back-to-school supplies, emergency preparedness purchases, and various products to encourage outdoor activities, music venues, museums, and other post-pandemic events, to encourage spending in the state following loosening of the COVID restrictions. Authorizing tax holidays has become an annual legislative rite, giving Floridian consumers a tax relief, saving Floridians about $168 million. This amount will now be offset by the tax Florida collects from online purchases. Florida is expected to collect about $1 billion annually from online sales tax collection. Some of the early proceeds would be transferred to the state’s unemployment trust fund and would reduce unemployment taxes for businesses. The “tax holidays” law renews two historic sales tax holidays for Florida consumers to prepare for back-to-school and hurricane season, in the video published on May 21, 2021, “Governor Ron DeSantis approves three tax holidays“, below:
- The hurricane preparedness sales tax holiday (for emergency supplies) is between May 26 to June 6
- The school sales tax holiday (for school supplies, some clothing, and the first $1,000 for a computer) is between July 31 to August 9
- The “Freedom Week” sales tax holiday (for tickets for concerts, athletic events and museums visits taking place between July 1 to December 31, 2021) for tickets purchased between July 1 to July 7